India's RBI allows New India Co-op Bank depositors to withdraw up to 25,000 rupees
India's central bank said on Monday it would allow depositors of troubled New India Co-operative Bank to withdraw up to 25,000 rupees (about $290) from their accounts. The RBI on Feb. 13 barred the lender from issuing new loans,
RBI allows New India Coop Bank depositors to withdraw up to 25k
Mumbai: The Reserve Bank of India (RBI) has eased withdrawal restrictions on New India Cooperative Bank, allowing depositors to withdraw up to Rs 25,0.
RBI allows withdrawal of Rs 25k from New India Co-operative Bank accounts
After putting restrictions on withdrawal from New India Co-operative Bank, the Reserve Bank of India (RBI) has decided to allow depositors of the bank to withdr
RBI eases restrictions on New India Co-operative Bank; Deposit withdrawals up to Rs 25,000 now allowed
The Reserve Bank of India has relaxed restrictions on New India Co-operative Bank, allowing withdrawals up to Rs 25,000, effective February 27, 2025. This follows an assessment of the bank's liquidity position.
RBI Permits Rs 25,000 Withdrawal for New India Co-op Bank Depositors Amid Liquidity Review
In a move which can alleviate the concerns of many account holders, the Reserve Bank of India (RBI) has allowed depositors of New India Co-operative Bank Limited, Mumbai, to withdraw up to Rs 25,000 from their accounts.
Some relief for New India Co-Operative Bank depositors! RBI allows withdrawal upto THIS limit,
In some relief for depositors of New India Co-Operative Bank, the Reserve Bank of India (RBI) on Monday, February 24, allowed them money withdrawal of upto Rs 25,000. The withdrawal limit relaxation is effective from February 27.
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